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- W2164812645 abstract "We estimate the effects of electricity shortages on Indian manufacturers, instrumenting with supply shifts from hydroelectric power availability. We estimate that India's average reported level of shortages reduces the average plant's revenues and producer surplus by 5 to 10 percent, but average productivity losses are significantly smaller because most inputs can be stored during outages. Shortages distort the plant size distribution, as there are significant economies of scale in generator costs and shortages more severely affect plants without generators. Simulations show that offering interruptible retail electricity contracts could substantially reduce the impacts of shortages. (JEL D24, L60, L94, O13, O14, Q41)" @default.
- W2164812645 created "2016-06-24" @default.
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- W2164812645 date "2016-03-01" @default.
- W2164812645 modified "2023-10-10" @default.
- W2164812645 title "How Do Electricity Shortages Affect Industry? Evidence from India" @default.
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- W2164812645 doi "https://doi.org/10.1257/aer.20140389" @default.
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